Qunar.com prices IPO at $15, above the range
Qunar.com, a Chinese travel fare comparison website owned by Baidu, raised $167 million by offering 11.1 ADSs at $15, above the range of $12 to $14. Qunar.com plans to list on the NASDAQ under the symbol QUNR. Qunar Cayman Islands initially filed confidentially on 4/12/2013. Goldman Sachs (Asia), Deutsche Bank and Stifel acted as lead managers on the deal.